Zurich, Switzerland, March 1, 2016

Dear Shareholders

2015 was a critical transition year for our business. With the repositioning of Versy towards a more content-driven social experience, we believe Myriad is better placed to seize emerging growth opportunities in the rapidly developing social media market. We have also taken measures to maximise the value from existing technologies within our Myriad Connect Division (formerly the Sub Data Division) and Device Solutions Division (DSD). The combination of mature technology and investment in new growth opportunities in very attractive markets provides our Company with the scope to participate across many of the current and emerging stages of social media and mobile services.

In June the msngr product was successfully repositioned to reflect the product’s move towards a content-driven social experience and was launched as Versy. Our experience in the market crystallized our belief that user growth and sustained user engagement required more than just chat capabilities in the application. An ecosystem of interesting and engaging content, along with the ability to share and converse about that content, creates an attractive destination for both users and advertisers. The remainder of the year was focused on driving user engagement and continuing to develop an innovative content ecosystem.

In October we announced a two-product strategy to go live in March 2016, featuring a flagship Versy product targeted solely at smartphone users, and a renaming of the original Versy into Versy Lite, which will keep providing an enhanced experience for feature phone users. This was driven by the increasingly rapid transition to smartphone use in our key markets, and the recognition that an application focused on the full range of technical capabilities of smartphone technologies would take the product and the Versy ecosystem even further. By addressing both aspects of the market, Versy and Versy Lite can reach the full complement of mobile phone users and provide Versy Lite feature phone users a smooth migration to Versy on smartphones.

Our priority for this coming year will be to expand the rich Versy content ecosystem, centered on Latin America and the Hispanic community in the United States, with the focus on driving user growth and engagement. As the Versy user base grows and we continue to cultivate an engaged user base, we intend to pilot monetisation opportunities.

The Myriad Sub Data Division has now returned three consecutive years of revenue growth. It has been rebranded Myriad Connect and with planned investments in new additions to the product portfolio that will address mobile network operators, content partners and financial services organisations in developing world markets, we believe it is now poised for further growth in 2016.

The Device Solutions Division has suffered reduced revenues impacted by an accelerated transition from feature to low- cost smartphones reducing the demand for our mobile browser technology, and the increased adoption of the RDK-2

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standard in the pay TV market, which does not require the use of our JBed Java Virtual Machine (JVM). In the coming year, we will focus on optimising income from these technologies.

The financial performance for the year reflects the transitional state of the business. Consolidated group revenue in FY 2015 was USD 27.3m down 32% from FY 2014 (USD 40.2m), impacted by a decline of USD 6.7m in the Device Solutions Division and USD 7.7m following the completion of the planned sunsetting of Legacy messaging services. In addition, Myriad has reported a net loss of USD 67.9m, which is predominantly caused by impairment charges of USD 47.5m, including USD 45.6m relating to goodwill and intangible assets acquired with Synchronica in 2012. Also impacting profitability was the continued planned investment in Versy of USD 11.8m in FY 2015, and non-cash share option costs of USD 4.8m.

Versy

While Versy continues to offer one-to-one and group chat, its key value drivers are content discovery and social discussion that create communities around that content. Versy closed 2015 with over 287 content channels in three languages (Spanish, Portuguese and English), up 14% from 250 at the end of September 2015. The majority of these channels are focused on millennials in Latin America, with free access to content featuring music, movies, news, sports, fashion and pop culture interests. Key content partners active throughout the year included Viacom Latin America (MTVLa, Comedy Central, Nickelodeon and Paramount Channel), Ministry of Sound, Warner Music, UOL, and Perform Group (Goal.com, NBA, NFL, NHL, MLB, NASCAR, NCAA Football and NCAA Basketball channels). Perform Group’s addition of American sports channels in the fall of 2015 represented a key expansion of content and exposure in the United States marketplace. In addition, by year end, Versy had many independent bloggers driving discussion around topics that matter most to millennials.

Versy allows bloggers and all channel broadcasters to engage in real-time with followers, simultaneously allowing them to have a rich and interactive experience and channel broadcasters and brands to receive real-time feedback on their products, services and content.

These unique, content-driven experiences have fuelled follower growth in the Versy channels. At the end of December 2015, Versy channels had 13.9m followers across all channels, up 34% from 10.4m at the end of September 2015.1

This momentum is critical as Versy enters 2016 and rolls out its two-product strategy that was previously announced in October of 2015. Since launching the msngr platform in June 2014, Myriad built a smartphone audience over the top of its historic mobile operator base. As the speed of transition from feature phone to smartphone increases in Latin America, Myriad recognised the need to have a stronger smartphone focus with a next major release of Versy in March 2016.

1Includes users that follow multiple channels. c/o GHR Rechtsanwälte AG t: + 41 (0) 44 823 8900 Bahnhofstrasse 64 e: [email protected] 8001 Zurich, Switzerland www.myriadgroup.com

The new Versy release responds to the evolving needs of users and content partners and will include features such as video, audio, and enhanced content discovery, making it easier for users to find the things they love and give them a powerful way to talk about those things with their friends and the rest of the world. The current platform will be repositioned as Versy Lite, and it will allow feature phone users to continue to have access to similar content found in the Versy flagship product. Versy Lite will run alongside the flagship Versy and provide an enhanced experience for these users, a broad feature phone based audience for our content partners, and a migration path to the smartphone.

Myriad Connect Division (Formerly Sub Data)

The Myriad Connect Division delivered solid revenue growth with USD 13.6m in FY 2015, a 13% increase over FY 2014 (FY 2014 USD 12.0m). The second half of 2015 also showed accelerating revenue growth with USD 7.5m for H2 2015, a 23% increase from H1 2015 (USD 6.1m). The Myriad Connect Division revenue for the year was underpinned by strong sales in traditional USSD core services, such as self-care and operational messaging, and an expansion in Value Added Services, such as social messaging over SMS and USSD and mobile money initiatives. Myriad continued to leverage its strong relationships with global telecom operators like Orange Group, which is running Myriad services with 12 of its in- country operators throughout Africa, and the Telefonica Group, which is running Myriad services across 8 of its in- country operators throughout Latin America.

In addition, further geographical penetration was made into key markets in the Middle East and Africa. In 2015, Myriad made investments to strengthen its direct salesforce in these regions, as well as securing key resellers to further expand Myriad’s reach, including Samsson (Iran, Tunisia, and Pakistan), Quadrant (Afghanistan), and Digital Afrique (Pan-African in over 10 countries).

We have continued to expand our Value Added Services in 2015, adding Wikipedia and Google translate and Search over USSD to the existing portfolio of Facebook over USSD, Facebook over SMS and Twitter over SMS. Myriad’s Twitter over SMS service was launched in June by Vivo, Brazil’s largest mobile telecom operator and the largest operator in the Telefonica Group with over 75 million subscribers. Furthermore, Orange Group added Facebook over USSD and SMS to their portfolio of services in Africa. As of December 2015, our VAS Services had achieved 44m unique visitors. Additionally, Myriad continues to power Orange Money, the Orange Group’s mobile payment initiative which now covers 13 countries throughout Africa. We will look to expand our mobile money initiatives with additional partners in 2016 and beyond.

Device Solutions Division

Myriad’s Device Solutions Division faced strong headwinds in FY 2015, despite winning some larger contracts, including two with Microsoft to provide embedded Java technology on newly introduced low-end feature phones and browser technology for Windows devices, and additional revenue from an agreement signed at the end of 2014 with Jolla Oy for

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Myriad’s Alien Dalvik product on Sailfish OS-based smartphones. Revenue equalled USD 12.9m down 34% from the prior year (FY 2015 USD 19.6m).

Sales of the division’s Java-based technologies to cable operators slowed considerably from previous years, based in part on the industry’s accelerated move to the RDK-2 standard from the RDK-1 standard. RDK-1 required the use of a Java virtual machine (JVM) and based on that and the good technical performance of its JBed JVM, Myriad enjoyed strong historical royalty revenue related to sales to set top box vendors. However, the RDK-2 standard allows for choice of the inclusion of a JVM (which involves royalty payments) or HTML5 (royalty-free), and this has resulted in a number of set top box vendors choosing the alternative HTLM5 based solution, causing a significant impact on sales of Myriad’s JBed product. In addition, the speed of transition in the mobile phone market to low cost smartphones has significantly reduced the demand for our browser technology on feature phones.

2015 Group Financial Results in Brief

Consolidated group revenue in FY 2015 was USD 27.3m down 32% from FY 2014 (USD 40.2m). This decrease is due to the faster than anticipated decline in revenue from the Device Solutions Division and the full year impact of restructuring activity completed in 2014 which the curtailment of Legacy msngr active user fees from network operators, the planned sunsetting of Legacy messaging services with several North American mobile operators, and the expiration of Legacy support and service contracts with Nokia which all completed in 2014. However, the growth in the Myriad Connect Division revenue helped to offset this somewhat. EBITDA before non-recurring items and restructuring costs for FY 2015 was a USD 13.1m loss, mostly reflecting the USD 11.8m investment in the Versy product, including rebranding, research and development of the new Versy flagship product, increased marketing activity, and content acquisition.

EBITDA has also been impacted by increased share option costs of USD 4.8m (FY 2014: USD 1.3m) reflecting the non- cash expense of share options granted in 2015. Following an increase to conditional capital approved by shareholders at the 2015 Annual General Meeting, these option grants were made to key members of the engineering and management teams at an exercise price of CHF 5.00. The option holders will not benefit unless the share price exceeds this amount in the future, aligning their motivation with the benefit of shareholders as a whole.

The Group has also incurred non-cash impairment charges of USD 47.5m against intangible assets predominantly arising out of the acquisition of Synchronica plc in 2012. The impairment charges have arisen due to the technological evolution of Versy during FY 2015. The Versy product has been launched and will continue to evolve based on the realisation that a social messaging application based around content, rather than a pure chat application, could build a more valuable engaged user base. To deliver and respond to the accelerating transition to smartphones in our target markets, Versy needed to focus more on smartphone architecture that would be able to support the discovery of richer content streams in video and audio. The combination of an increased strategic focus on a smartphone-only application and further analysis of the expected route to monetisation, means Myriad no longer expects to significantly monetise c/o GHR Rechtsanwälte AG t: + 41 (0) 44 823 8900 Bahnhofstrasse 64 e: [email protected] 8001 Zurich, Switzerland www.myriadgroup.com

through the technology assets and network operator relationships acquired with the Synchronica transaction. These non-cash charges, together with the increased investment in Versy, have contributed to the Group’s net loss of USD 67.9m.

Myriad closed FY 2015 with a cash balance of USD 37.8m.

Fundraising

On 8 April 2015, Myriad announced that it had raised gross proceeds of CHF 34.4m in a private placement of 8,600,000 shares from authorised capital. The shares were issued to international institutional investors. The funds from the private placement will continue to be used to accelerate user growth and enrich the content of the Versy ecosystem.

Outlook 2016

Given the market pressures experienced in the Device Solutions Division, we expect overall revenue to decline in 2016 versus 2015. However, this should partly be offset by anticipated continued growth in the Myriad Connect Division based on new services offerings and expansion in new markets. In addition, Versy will continue to require significant investment focused on user growth, driving user engagement, and the expansion of the Versy content ecosystem.

Changes to the Board of Directors

David Nuescheler has notified Myriad that he does not intend to seek re-election to the Board of Directors at the 2016 Annual General Meeting. Myriad thanks Mr. Nuescheler for his great efforts on behalf of the Company. As part of the 2016 Annual General Meeting, the Board has nominated David Galbraith to fill the vacancy created by David Nueschelers departure.

Proposal for Opting Out

On December 15, 2015, Myriad was informed by its shareholder Patinex AG about its intention to request to include an Opting Out clause in its articles of incorporation in accordance with articles 135 and 163 of the Federal Act on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (FMIA). The respective request is dated January 12, 2016. After such an amendment of the articles of incorporation, acquirers of shares of the Company are no longer obliged to make a public purchase offer to the other shareholders pursuant to articles 135 and 163 FMIA when exceeding the threshold value of 33 1/3 % of the voting rights of the Company. The Board of Directors intends to recommend the approval of this request at the 2016 Annual General Meeting in March, because it believes that it will have a stabilising effect on what has been a volatile period for the Company’s stock. The past 12 months has seen Myriad stock suffer from large valuation swings, which the Board of Directors believes is in part due to the inherent risk in the Versy strategy that drives speculative behaviour. Furthermore, Versy has yet to reach monetisation and the timing of monetisation is difficult to predict given the new version of Versy will launch in Q1 2016 and it will take some time to

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develop the ecosystem and create monetisation opportunities. The Board of Directors believes because of such factors, the market lacks meaningful comparables, which drives further speculative and volatile behavior. The justification by Patinex AG for the Opting Out request (as more fully discussed in the invitation to the 2016 Annual General Meeting) states that they intend to use the flexibility in their ownership percentage to help stabilise the share price and discourage short selling. The Board views this as a beneficial counterbalance to the observed volatility in the market, and notes that the since the announcement of the potential Opting Out late December 2015, the Company’s stock price has enjoyed a period of relatively low volatility.

The Board remains committed to best practice when it comes to setting compensation levels for our Executive team and Board. Again this year we have complied with the Ordinance against Excessive Compensation in Listed Companies (ERCO), the details of which are included in the Compensation Report on pages 24 to 27 of the 2015 Annual Report. Compliance with the ERCO-provisions includes the approval of Total Compensation for the Board and Executive Team for FY 2017. We are using the prospective method of approval so we can get feedback from our shareholders well in advance of setting compensation for our Executive team and Board. As with our 2015 AGM we will in our 2016 AGM be giving you details on how our stock based compensation works.

Please find the invitation to the Annual General Meeting enclosed. We are pleased to invite you to attend this Shareholder meeting and we look forward to welcoming you.

Thank you

The Board of Directors and Senior Management team would like to take this opportunity to thank our team members for the commitment and contribution they have made to the business. We would also like to thank our customers for continuing to select Myriad as their business partner.

Finally, we would like to thank you, our shareholders, for your continued confidence and support in Myriad Group AG.

Sincerely,

Erik Hansen Stephen Dunford Chairman Chief Executive Officer

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An die Aktionärinnen und Aktionäre der Myriad Group AG To the Shareholders of Myriad Group AG

Einladung zur ordentlichen Generalversammlung der Invitation to the Annual General Meeting of Myriad Group Ltd. of Myriad Group AG vom 24. März 2016 March 24, 2016

Donnerstag, 24. März 2016, 10.00 Uhr Thursday, March 24, 2016, 10 a.m. (Türöffnung 09.30 Uhr) (doors open at 9.30 a.m.)

SIX ConventionPoint SIX ConventionPoint Selnaustrasse 30 Selnaustrasse 30 8021 Zürich 8021 Zurich

A. Traktanden und Anträge A. Agenda and Proposals

1. Jahresbericht, Jahresrechnung und Konzernrechnung 2015 1. Annual Report, Group and Parent Company Accounts 2015 Der Verwaltungsrat beantragt Genehmigung. The Board of Directors proposes approval.

2. Vergütungsbericht 2015 / Konsultativabstimmung 2. Compensation Report 2015 / Consultative Vote Gemäss Art. 13 der Schweizer Verordnung gegen übermässige Vergütungen bei In accordance with Article 13 of the Swiss Ordinance against Excessive Compensation in börsenkotierten Aktiengesellschaften (VegüV) erstellt der Verwaltungsrat ab dem Listed Stock Corporations, as from January 1, 2014, the Board of Directors draws up 1. Januar 2014 jährlich einen Vergütungsbericht, der im Jahresbericht auf den Seiten 24 bis annually a compensation report which is printed on pages 24 to 27 in the Annual Report. 27 abgedruckt ist. The Board of Directors proposes endorsement. Der Verwaltungsrat beantragt Befürwortung.

3. Verwendung des Bilanzergebnisses des Geschäftsjahres 2015 / Verwendung 3. Appropriation of the Annual Result for the Financial Year 2015 / Reallocation der Reserven of Reserves Verlustvortrag Accumulated loss des Vorjahres: CHF -44,293,620 brought forward: CHF -44,293,620 Jahresverlust 2015: CHF -63,138,573 Net loss for 2015: CHF -63,138,573 Bilanzverlust per Accumulated loss as of 31. Dezember 2015: CHF -107,432,193 December 31, 2015: CHF -107,432,193

Der Verwaltungsrat beantragt, gesetzliche Reserven im Umfang von CHF 12,847,598 The Board of Directors proposes to offset legal reserves in the amount of CHF 12,847,598 sowie Kapitalreserven im Umfang von CHF 60,000,000 mit dem Bilanzverlust zu as well as capital contribution reserves in the amount of CHF 60,000,000 against the verrechnen. accumulated loss.

4. Entlastung der Mitglieder des Verwaltungsrates 4. Discharge of the Members of the Board of Directors and the Executive und der Geschäftsleitung Committee Der Verwaltungsrat beantragt, den Mitgliedern des Verwaltungsrates und der The Board of Directors proposes to approve the discharge of the members of the Board of Geschäftsleitung für die Tätigkeit im Geschäftsjahr 2015 Entlastung zu erteilen. Directors and the Executive Committee for the financial year 2015.

5. Opting Out Die Patinex AG beantragt, §3 der Statuten mit folgendem Absatz zu ergänzen: 5. Opting Out Patinex AG proposes to add the following paragraph to §3 of the Articles of Incorporation:

"Ein Erwerber von Aktien der Gesellschaft ist nicht zu einem öffentlichen Kaufangebot nach den Artikeln 135 und 163 des Bundesgesetzes über die "An acquirer of shares of the Company is not obliged to make a public purchase offer Finanzmarktinfrastrukturen und das Marktverhalten im Effekten- und pursuant to Articles 135 and 163 of the Federal Act on Financial Market Infrastructure Derivathandel (FinfraG) verpflichtet." and Market Conduct in Securities and Derivatives Trading (FMIA)."

Stellungnahme des Verwaltungsrates: Der Verwaltungsrat empfiehlt einstimmig, Response of the Board of Directors: The Board of Directors recommends unanimously that den Antrag der Patinex AG anzunehmen. the proposal by Patinex AG be approved.

Erläuterungen Notes Begründung von Patinex AG: Explanatory Statement by Patinex AG: Die aktuelle Strategie der Myriad Group AG zielt auf den Aufbau und den Betrieb The current strategy of Myriad Group AG aims at the development and einer Social Media Plattform. Das Unterfangen ist mit erheblichem Risiko establishment of a social media platform. This undertaking bears a significant risk verbunden und wird frühestens 2017 materielle Erträge erwirtschaften. and will materialize in material earnings at the earliest in 2017. The usual Konventionelle Bewertungsmethoden sind unter diesen Umständen in der valuation methods can under these circumstances not be applied in the current aktuellen Phase nicht anwendbar. Entsprechend hoch ist die Volatilität in den stage. Correspondingly, the volatility of the shares of Myriad Group AG is high Aktien der Myriad Group AG, was in Verbindung mit der derzeit geltenden which, in connection with the currently applicable mandatory offer duty, can limit Angebotspflicht dazu führen kann, dass die Kapitalmarktfähigkeit der Gesellschaft the company's ability to access the capital market. in Frage gestellt ist. It is under certain circumstances not possible for a shareholder with a large stake Einem Aktionär mit einer grösseren Beteiligung ist es unter Umständen nicht to support the company with additional equity which might be required. In möglich, der Gesellschaft allenfalls benötigtes Eigenkapital zuzuführen und sie so addition, a shareholder with a large stake might not be able to execute supporting zu unterstützen. Auch ist es einem Aktionär, der eine grössere Beteiligung am purchases due to the mandatory offer duty in cases where market participants Unternehmen hat, aufgrund der Angebotspflicht allenfalls verwehrt, mit cause significant declines in the share price (e.g. with shorting strategies) as was Stützungskäufen einzugreifen, wenn Marktteilnehmer bspw. mit Shortstrategien the case last year. für massive Kursrückgänge sorgen, so wie dies im vergangenen Jahr der Fall war. To remove these obstacles, Patinex AG requests the introduction of an opting out- Um diese Hindernisse zu beseitigen, beantragt die Patinex AG die Einführung einer clause in the Articles of Incorporation. Patinex AG has no intention of acquiring a Opting Out-Klausel in den Statuten. Die Patinex AG hat nicht die Absicht, eine controlling majority in Myriad Group AG. However, it would like to have the Kontrollmehrheit an der Myriad Group AG zu erwerben. Sie möchte aber jederzeit possibility to step in should this be in the interest of the company and its

die Möglichkeit haben einzugreifen, sollte dies im Interesse der Gesellschaft und shareholders. ihrer Aktionäre sein.

Folgen der Einführung einer Opting Out-Klausel:

Nach Einführung einer solchen generellen Opting Out-Klausel sind Erwerber von Consequences of the Introduction of an Opting Out-Clause: Aktien der Gesellschaft nicht zu einem öffentlichen Kaufangebot nach den Artikeln 135 und 163 des Bundesgesetzes über die Finanzmarktinfrastrukturen und das With the introduction of such a general opting out-clause, acquirers of shares of the Marktverhalten im Effekten- und Derivatehandel (FinfraG) verpflichtet, sofern sie Company are not obliged to make a public purchase offer pursuant to articles 135 den Schwellenwert von 33 1/3% der Stimmrechte überschreiten. Diese Befreiung and 163 of the Federal Act on Financial Market Infrastructures and Market gilt nicht nur für Patinex AG, sondern für jeden gegenwärtigen oder zukünftigen Conduct in Securities and Derivatives Trading (FMIA) in case they exceed the Aktionär der Myriad Group AG. threshold of 33 1/3% voting rights. This exemption is not only applicable to Patinex AG but also to all current and future shareholders of Myriad Group AG. Eine weitere Folge der Einführung einer Opting Out-Klausel ist, dass ein Anbieter in einem allfälligen freiwilligen öffentlichen Übernahmeangebot nicht an die Another consequence of the introduction of an opting out-clause is that in a Regelung betreffend Mindestpreis gebunden ist. voluntary public tender offer an offeror is not bound by the minimum price rules.

Begründung des Verwaltungsrates:

Im gegenwärtigen Marktumfeld ist es schwierig, den Aktienkurs der Myriad Group Explanatory Statement by the Board of Directors: AG zu stabilisieren, bzw. eine adäquate Bewertung der Myriad Group AG vorzunehmen. Patinex AG hat sich seit 2008 als verlässlicher Ankeraktionär und The current market conditions render it difficult to stabilize the share price of Finanzierungsquelle der Myriad Group AG erwiesen. Die Einführung einer Opting Myriad Group AG, respectively to make an adequate valuation of Myriad Group AG. Out-Klausel würde Patinex AG die benötigte Flexibilität geben, um diese Rolle Since Patinex AG has proven to be a reliable anchor shareholder and finance source weiterhin einnehmen zu können. Deshalb ist der Verwaltungsrat der Meinung, of Myriad Group AG since 2008. The introduction of an opting out-clause would dass der Antrag von Patinex AG im besten Interesse der Gesellschaft sowie ihrer give Patinex AG the required flexibility to take this role in the future. Therefore, the Aktionäre liegt. board of directors believes that the proposal made by Patinex AG is in the best interest of the company and its shareholders. Da die vorgeschlagene Opting Out-Klausel jedoch allgemein gehalten ist, bleibt es dem Verwaltungsrat offen, weitere Ankeraktionäre für die Myriad Group AG zu Since the proposed opting out-clause is drafted in a general manner, the board of suchen, welche bei Überschreitung des Schwellenwerts von 33 1/3% der directors could also seek other anchor shareholders for Myriad Group AG which Stimmrechte keine Pflicht zur Unterbreitung eines öffentlichen Angebots hätten. would, in case they exceed the threshold of 33 1/3% voting rights, not have a duty Weiter könnte die Patinex AG sich mit weiteren Aktionären zu einer Gruppe to make a mandatory tender offer. In addition, Patinex AG could form a group with zusammenschliessen, welche bei Überschreitung des entsprechenden other shareholders and such group would, if they exceed the relevant threshold, Schwellenwerts ebenfalls keiner Angebotspflicht unterstehen würde. also not be subject to the mandatory offer duty. Die Mitglieder des Verwaltungsrates wurden unter anderem mit Hilfe der Stimmen The members of the Board of Directors were elected, inter alia, with the votes of der Patinex AG gewählt. Darüber hinaus stehen die Verwaltungsräte in keiner Patinex AG. Beyond this, the members of the board of directors have no special besonderen Beziehung zu Patinex AG und üben ihr Amt nicht nach Instruktionen relationship with Patinex AG and do not perform their duties according to der Patinex AG aus. Somit befindet sich nach Auffassung des Verwaltungsrates instructions of Patinex AG. Therefore, the Board of Directors believes that none of keines seiner Mitglieder in einem Interessenkonflikt. its members is in a conflict of interest.

6. Wahlen 6. Elections 6.1 Wiederwahl des Verwaltungsrats 6.1 Re-Election of the Board of Directors Gemäss Art. 3, 4 und 29 VegüV wählt die Generalversammlung ab dem 1. Januar 2014 die In accordance with Articles 3, 4 and 29 of the Swiss Ordinance against Excessive Mitglieder des Verwaltungsrats und den Präsidenten des Verwaltungsrats jedes Jahr einzeln. Compensation in Listed Stock Corporations, as from January 1, 2014, the Annual General Meeting elects each member of the Board of Directors and the Chairman of the Board of Directors individually each year.

Der Verwaltungsrat beantragt die Wiederwahl folgender Mitglieder des Verwaltungsrats für The Board of Directors proposes to re-elect the following members of the Board of eine weitere Amtsdauer von einem Jahr bis zum Abschluss der nächsten ordentlichen Directors for another one-year term until the end of the next ordinary shareholders’ meeting: Generalversammlung:

– Erik Hansen (und Wahl zum Präsidenten des Verwaltungsrat in der gleichen – Erik Hansen (and election as chairman in a single vote) Abstimmung) – Mauro Saladini – Mauro Saladini

6.2 Wahl von David Galbraith 6.2 Election of David Galbraith Der Verwaltungsrat beantragt die Wahl von David Galbraith als neues Mitglied des The Board of Directors proposes to elect David Galbraith as new member of the Board of Verwaltungsrats für eine Amtsdauer von einem Jahr. Directors for a one-year term.

6.3 Wahl des Vergütungsausschusses 6.3 Election of the Compensation and Nomination Committee Gemäss Art. 7 und 29 VegüV wählt die Generalversammlung ab dem 1. Januar 2014 jedes In accordance with Articles 7 and 29 of the Swiss Ordinance against Excessive Jahr die Mitglieder des Vergütungsausschusses des Verwaltungsrats einzeln. Compensation in Listed Stock Corporations, as from January 1, 2014, the Annual General Meeting elects each member of the Compensation and Nomination Committee of the Board of Directors individually each year.

Der Verwaltungsrat beantragt die Wahl folgender Mitglieder des Verwaltungsrats als The Board of Directors proposes to elect the following members of the Board of Directors Mitglieder des Vergütungsausschusses (Compensation and Nomination Committee) für as members of the Compensation and Nomination Committee for a one-year term until the eine Amtsdauer von einem Jahr bis zum Abschluss der nächsten ordentlichen end of the next ordinary shareholders’ meeting: Generalversammlung:

- Erik Hansen - Erik Hansen - Mauro Saladini - Mauro Saladini

6.4 Wiederwahl der Revisionsstelle 6.4 Re-Election of the Auditors Der Verwaltungsrat beantragt, PricewaterhouseCoopers AG, Zürich, für eine weitere The Board of Directors proposes to re-elect PricewaterhouseCoopers AG, Zurich, as Amtsdauer von einem Jahr als Revisionsstelle wiederzuwählen. Auditors for an additional one-year term of office.

6.5 Wahl des unabhängigen Stimmrechtsvertreters 6.5 Election of Independent Proxy Gemäss Art. 8 und 30 VegüV wählt die Generalversammlung den unabhängigen In accordance with Articles 8 and 30 of the Swiss Ordinance against Excessive Stimmrechtsvertreter bis zum Abschluss der nächsten ordentlichen Generalversammlung. Compensation in Listed Stock Corporations, the Annual General Meeting elects the Independent Proxy until the end of the next Annual General Meeting.

Der Verwaltungsrat beantragt, Herrn Roger Wirz, Rechtsanwalt, LL.M., 8400 Winterthur, The Board of Directors proposes the election of Roger Wirz, attorney at law, LL.M., für eine Amtsdauer von einem Jahr bis zum Abschluss der nächsten Generalversammlung 8400 Winterthur, as Independent Proxy until the end of the next Annual General Meeting. zu wählen.

7. Vergütungen des Verwaltungsrates 7. Compensations of the Board of Directors Der Verwaltungsrat beantragt einen maximalen Gesamtbetrag von CHF 600,000 zur The Board of Directors proposes a maximum amount of CHF 600,000 for the compensation Vergütung des Verwaltungsrats für das Geschäftsjahr 2017. Weitere Informationen dazu of the Board of Directors for the business year 2017. For further details please refer to the finden Sie im Annex. annex.

8. Vergütungen der Geschäftsleitung 8. Compensations of the Executive Committee Der Verwaltungsrat beantragt einen maximalen Gesamtbetrag von CHF 3,500,000 zur The Board of Directors proposes a maximum amount of CHF 3,500,000 for the Vergütung der Konzernleitung für das Geschäftsjahr 2017. Weitere Informationen dazu compensation of the Executive Committee for the business year 2017. For further details finden Sie im Annex. please refer to the annex.

B. Organisatorische Hinweise B. Organizational Remarks

Zutrittskarte und Stimmunterlagen Admission Cards and Voting Materials Die Zutrittskarten und Stimmunterlagen werden den Aktionärinnen und Aktionären zwischen Admission cards and voting materials will be sent to the shareholders who confirmed their dem 14. März 2016 und dem 22. März 2016 auf Anmeldung hin versandt. Sollten Sie die participation between March 14, 2016, and March 22, 2016. Should you not have received the Unterlagen nicht erhalten haben, so melden Sie sich bitte vor Beginn der Generalversammlung documents, please refer to the GM desk before the General Meeting starts. We will give you am GV-Schalter. Wir werden Ihnen die Zutrittskarte und die Stimmunterlagen gegen Vorlage your admission card and voting materials in person against presentation of a valid identity card. eines Identitätsausweises persönlich aushändigen.

Stimmberechtigung und Schliessung des Aktienregisters Voting Rights and Closing of Share Register Stimmberechtigt sind die am 11. März 2016, 17.00 Uhr, im Aktienbuch mit Stimmrecht Shareholders who have been entered into Myriad Group AG’s share register until March 11, eingetragenen Aktionärinnen und Aktionäre der Myriad Group AG. Zutrittskarten, die aufgrund 2016, 5.00 p.m. CET, are entitled to vote in the General Meeting. Admission cards which eines Verkaufs oder Zukaufs von Aktien nicht mehr gültig sind, müssen vor Beginn der are no longer valid due to a sale or purchase of shares must be amended accordingly before Generalversammlung am GV-Schalter berichtigt werden. Das Aktienregister bleibt vom the General Meeting at the GM desk. The share register is closed from March 11, 2016, 11. März 2016, 17.00 Uhr, bis am 25. März 2016, 8.00 Uhr, geschlossen. 05.00 p.m. CET until March 25, 2016, 08.00 a.m. CET.

Vollmachtserteilung Representation / Voting by Proxy Aktionärinnen und Aktionäre, die nicht persönlich an der Generalversammlung teilnehmen, Shareholders who do not personally attend the General Meeting may be represented by another können sich durch eine andere Aktionärin/einen anderen Aktionär oder durch eine Drittperson shareholder or a third party. Moreover, shareholders may choose to be represented in the General vertreten lassen. Zusätzlich besteht die Möglichkeit, die Aktien durch Herrn Roger Wirz, Meeting by Mr Roger Wirz, Attorney-at-Law, LL.M., Gertrudstrasse 1, 8400 Winterthur, as an Rechtsanwalt, LL.M., Gertrudstrasse 1, 8400 Winterthur, als unabhängigen Stimmrechtsvertreter independent proxy. Alternatively, shareholders can request representation and issue instructions an der Generalversammlung vertreten zu lassen. Ebenso können dem unabhängigen to the independent proxy electronically at https://netvote.ch/myriad. Please only use the proxy Stimmrechtsvertreter unter www.netvote.ch/myriad elektronisch Vollmachten und Weisungen form which you will receive with your voting materials. erteilt werden. Bitte verwenden Sie zur Vollmachterteilung ausschliesslich das Vollmachtsformular, welches Ihnen mit dem Stimmmaterial zugeht.

Vorzeitiges Verlassen der Generalversammlung Leaving the General Meeting Early Sollten Sie die Generalversammlung vorzeitig verlassen, bitten wir Sie, das nicht benutzte Should you leave the General Meeting early, we kindly ask you to show your unused voting Stimmmaterial beim Ausgang vorzuweisen, damit die Änderung in der Präsenz erfasst werden materials at the exit in order to register the changes in the quorum. kann.

Sprache Language Die Generalversammlung wird in englischer und teilweise in deutscher Sprache durchgeführt. The General Meeting will be conducted in English and partially in German. English explanations Englische Erläuterungen im Zusammenhang mit den Anträgen werden im Bedarfsfall auch as regards to the proposals will, if necessary, additionally be given in German. zusätzlich in Deutsch abgegeben.

Erhalt von elektronischen Nachrichten Receipt of electronic message Wünschen Sie in Zukunft die Unterlagen zur Generalversammlung der Myriad Group If you wish to electronically receive the documents regarding the General Meeting of AG elektronisch zu erhalten, können Sie im Weisungserteilungssystem unter Myriad Group AG in the future please use the option "Select Dispatch" in the voting https://netvote.ch/myriad die Option "Versand wählen" auswählen. Die Login-Daten instruction system (https://netvote.ch/myriad). The login details can be found on the finden sich auf dem beigelegten Antwortschein. enclosed reply form.

Weitere Hinweise Further Information Für Fragen im Zusammenhang mit der Generalversammlung wenden Sie sich bitte an For any questions in connection with the General Meeting, please refer to Dieter Studer, Dieter Studer, areg.ch ag, 4614 Hägendorf (Telefon +41 62 209 16 60). areg.ch ag, 4614 Hägendorf (Telephone +41 62 209 16 60).

Zürich, 1. März 2016 Zurich, March 1, 2016

Myriad Group AG Myriad Group AG Für den Verwaltungsrat: For the Board of Directors:

Erik Hansen, Präsident Erik Hansen, Chairman

Annexe - Information regarding voting for Board and Executive Committee Compensation

Information can be found on page 24 of our Annual report concerning our approach to remuneration of the Board of Directors and Executive Committee. This can be downloaded at: http://www.myriadgroup.com/investors/publications/

The Board of Directors proposes to hold separate votes on the compensation of the Board of Directors and the Executive Committee at the 2016 Annual General Meeting. We have chosen the prospective ap- proach and hence we are asking our shareholders to vote on 2017 proposed compensation.

Members of the Board and Executive Committee are paid in CHF, GBP and USD and the exchange rate used for 2016 is:

Exchange Relationship Rate GBP:CHF 1.48 USD:CHF 0.97

Proposed Compensation to the Board of Directors in 2017

The Board of Directors proposes a maximum amount of CHF 600,000 for the compensation of the Board of Directors for the business year 2017. The table below gives details of this request.

Fixed Compensa- Other Compensa- Total Fair Value of Total Compensa- CHF’000 tion tion2 Options granted 1 tion Proposed 2017 333 15 252 600 Approved 2016 at 314 7 229 550 AGM 2015

1. The amount noted above is the total fair-value of share options awarded or proposed for the period, it represents the total accounting expense calculated in accordance with IFRS 2 using the Black-Scholes valuation model. This charge is allocated over the vesting period in the financial statements. On the exercise of the option the member would pay to the company the strike price per option which would be equal to the share price on the date of the grant of the option. The Black-Scholes valuation estimate for FY 2017 is based on a share price of CHF 3.06. 2. Other Compensation includes employers’ social taxes paid by the company to local tax authorities not to the member directly, pension contributions and other non-cash benefits.

c/o GHR Rechtsanwälte AG t: + 41 (0) 44 823 8900 Bahnhofstrasse 64 e: [email protected] 8001 Zurich, Switzerland www.myriadgroup.com

Proposed Compensation of the Executive Committee in 2017

The Board of Directors proposes a maximum amount of CHF 3,500,000 for the business year 2017. The table below gives details of this request. Total fair value of Total cash share op- Other Total Base com- Annual compen- tion compensa- compen- CHF’000 pensation incentive sation awards1 tion2 sation Proposed 2017 1,183 662 1,845 1,130 525 3,500 Approved 2016 1,388 806 2,194 765 541 3,500 at 2015 AGM

1. The amount noted above is the total fair-value of share options awarded or proposed for the period, it represents the total accounting expense calculated in accordance with IFRS 2 using the Black-Scholes valuation model. This charge is allocated over the vesting period in the financial statements. On the exercise of the option the member would pay to the company the strike price per option which would be equal to the share price on the date of the grant of the option. The Black-Scholes valuation estimate for FY 2017 is based on a share price of CHF 3.06. 2. Other Compensation includes employers’ social taxes paid by the company to local tax authorities not to the member directly, pension contributions and other non-cash benefits.

c/o GHR Rechtsanwälte AG t: + 41 (0) 44 823 8900 Bahnhofstrasse 64 e: [email protected] 8001 Zurich, Switzerland www.myriadgroup.com